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                    [Title] => Asia’s local governments must tap bond markets – ADB
                    [Summary] => Local governments in Asia must learn to tap alternative sources of financing such as bond markets in order to provide public services and reduce poverty, the Asian Development Bank (ADB) said Wednesday. 


However local authorities have been reluctant to use such sources due to "major impediments" to the emergence of bond markets for such units, officials said at a three-day ADB conference on bond financing that opened in Manila this week. 


                    [DatePublished] => 2002-11-22 00:00:00
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YUN-HWAN KIM

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                    [Title] => Asia’s local governments must tap bond markets – ADB
                    [Summary] => Local governments in Asia must learn to tap alternative sources of financing such as bond markets in order to provide public services and reduce poverty, the Asian Development Bank (ADB) said Wednesday. 


However local authorities have been reluctant to use such sources due to "major impediments" to the emergence of bond markets for such units, officials said at a three-day ADB conference on bond financing that opened in Manila this week. 


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Asia’s local governments must tap bond markets – ADB

November 22, 2002 - 12:00am

Local governments in Asia must learn to tap alternative sources of financing such as bond markets in order to provide public services and reduce poverty, the Asian Development Bank (ADB) said Wednesday. However...

Business